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$ 399,777

5202 51 Avenue, Castor, AB, T0C 0X0

Listing ID# CA0115402
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$ 399,777

  • 5202 51 Avenue
    Castor, AB T0C 0X0
  • Listing ID CA0115402
  • Building Type: Commercial
  • Land Size: 23000.00 Sq Ft
  • Space: 5281 sq ft
  • Status: For Sale/Active
  • Days on Market: 29
  • Tax Year: 2014
  • Taxes: $2,920.00
  • Age of Building: 1959
  • Garage: 0.0
  • Heating: Natural Gas, Baseboard heaters
  • Utilities: Sewer: Municipal
  • Access: Direct Access, Road - Paved
  • Construction: Concrete Block, Frame - Wood
  • Roofing: Metal
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Property Description

-Cherry Building- FULLY RENTED!$50,400 in anticipated rent. No better time in history to invest. Interest rates are sooo low! This 7-unit residential apartment building has had over $100,000 WORTH OF QUALITY IMPROVEMENTS JUST COMPLETED! No stress for you. 6.1% Cap Rate. Great location close to school, downtown, green space. Includes the extra lot to the south. Great for expansion or extra parking. There are 4-two bedroom apartments and 3-one bedroom apartments. 6 units are rented, (4) 2 bedrooms and (1) 1 bed room. Rent roll $650,$625,$625,$675,$550,$575,$575 all on great leases, Tenants pay their own electric. LIVE IN PROPERTY MANGER already in place. It's a great property isn't it! Shouldn't it be yours?



Listing courtesy of Realty Executives Alberta Elite


4918 50 Avenue, Castor, AB
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Listing courtesy of FC Hunt Agencies 1984 Ltd.
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5301 50 Avenue, Castor, AB
Business Opportunity
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Castor
Listing courtesy of FC Hunt Agencies 1984 Ltd.
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